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502 Saint Marys St

Fredericksburg, TX 78624
  • $625,000
  • STATUS: Price Change
  • ON SITE: 702 Days
  • MLS #: 1697192
Price Reduced
UPDATED: 28 min ago
$625,000
  • 3
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,914
    SQFT
  • $327
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1941
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Introducing this captivating Fredericksburg residence, ideally situated on a secluded corner lot in the heart of Fredericksburg, TX. Offering privacy from neighbors, this home features a cedar-fenced front yard, a charming storybook facade, and a welcoming front porch that captures sweeping views of the city and the historic Saint Mary's Chapel. Inside, you'll be welcomed by an elegant blend of craftsmanship and character, showcasing hardwood floors, reclaimed wood walls, custom millwork, exposed beams, and distinctive brick accents. The chef's kitchen boasts stainless steel appliances, an oversized gas stove, a farmhouse sink, and a butcher-block island. Three serene bedrooms each feature beautifully tiled baths, including one with a luxurious multi-head rainfall shower. The detached 1-bedroom casita, facing the street with its own address, provides a rare opportunity for privacy and versatility. It has its own parking, entrance, and small front garden, offering the perfect space for guests, a home office, or as a short-term rental. The casita comes with a transferable city permit for STR use, allowing you to capitalize on the growing demand for vacation rentals in Fredericksburg. With the potential to earn around $175 per night, this casita can generate approximately $5,500 per month, whether through Airbnb or other platforms. Together, the main house and casita present an exceptional investment opportunity. The main home is perfect for long-term rental, generating approximately $2,500 per month, while the casita offers lucrative short-term rental potential. Whether through Airbnb or another platform, the combination of both properties can create substantial monthly income, making this a rare opportunity to offset mortgage costs and enjoy consistent cash flow. Located just blocks from Main Street, you'll have easy access to Fredericksburg's vibrant shops, restaurants, and attractions, all nestled in the heart of the Hill Country. This property offers the ideal blend of charm, comfort, and income potential-perfect for investors or anyone seeking a property with substantial financial upside.

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© 2025 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or River City Team | Keller Williams Heritage. Last updated 2025-05-23T07:32:44.297.
www.rivercityteam.com/homes/140742288
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502 Saint Marys St Fredericksburg, TX 78624

  • Price: $625,000
  • Status: Price Change
  • On Site: 702 Days
  • Updated: 28 min ago
  • MLS #: 1697192
3
Beds
2
Baths
0
½ Baths
0.22
Acres
1,914
SQFT
$327
$/SQFT
1941
Built
Neighborhood:
Walch Terrace
County:
Gillespie
Area:
Fredericksburg
Elementary School:
Fredericksburg
Middle School:
Fredericksburg
High School:
Fredericksburg
School District:
Fredericksburg
Property Description
Introducing this captivating Fredericksburg residence, ideally situated on a secluded corner lot in the heart of Fredericksburg, TX. Offering privacy from neighbors, this home features a cedar-fenced front yard, a charming storybook facade, and a welcoming front porch that captures sweeping views of the city and the historic Saint Mary's Chapel. Inside, you'll be welcomed by an elegant blend of craftsmanship and character, showcasing hardwood floors, reclaimed wood walls, custom millwork, exposed beams, and distinctive brick accents. The chef's kitchen boasts stainless steel appliances, an oversized gas stove, a farmhouse sink, and a butcher-block island. Three serene bedrooms each feature beautifully tiled baths, including one with a luxurious multi-head rainfall shower. The detached 1-bedroom casita, facing the street with its own address, provides a rare opportunity for privacy and versatility. It has its own parking, entrance, and small front garden, offering the perfect space for guests, a home office, or as a short-term rental. The casita comes with a transferable city permit for STR use, allowing you to capitalize on the growing demand for vacation rentals in Fredericksburg. With the potential to earn around $175 per night, this casita can generate approximately $5,500 per month, whether through Airbnb or other platforms. Together, the main house and casita present an exceptional investment opportunity. The main home is perfect for long-term rental, generating approximately $2,500 per month, while the casita offers lucrative short-term rental potential. Whether through Airbnb or another platform, the combination of both properties can create substantial monthly income, making this a rare opportunity to offset mortgage costs and enjoy consistent cash flow. Located just blocks from Main Street, you'll have easy access to Fredericksburg's vibrant shops, restaurants, and attractions, all nestled in the heart of the Hill Country. This property offers the ideal blend of charm, comfort, and income potential-perfect for investors or anyone seeking a property with substantial financial upside.
Exterior Features

Exterior Siding Exterior Features Patio SlabPrivacy FenceStorage Building/ShedMature TreesAdditional Dwelling Home Faces South Lot Improvements City Street Parking None/Not Applicable Pool Spa None Pool YN No Roof Metal Stories 1 Style One Story

Interior Features

Air Conditioning One Central Bedroom2 Length 13 Bedroom2 Width 11 Bedroom3 Length 13 Bedroom3 Width 11 Dining Room Length 15 Dining Room Width 13 Energy Efficiency 12"+ Attic InsulationCeiling Fans Fireplace Not Applicable Floor Ceramic TileWood Foundation Basement Heating Central Heating Fuel Electric Inclusions Ceiling FansWasher ConnectionDryer ConnectionStove/RangeDisposalDishwasherIce Maker ConnectionVent FanSmoke AlarmElectric Water HeaterCity Garbage service Interior One Living AreaSeparate Dining RoomLoftUtility Room Inside Kitchen Length 14 Kitchen Width 11 Living Room Length 15 Living Room Width 13 Master Bath Shower Only Master Bath Length 15 Master Bath Width 12 Master Bedroom Walk-In ClosetMulti-ClosetsCeiling Fan Master Bedroom Length 13 Master Bedroom Width 11 Other Rooms BasementLoftAdditional Dwelling Utility Room Length 13 Utility Room Width 12 Window Coverings All Remain

Property Features

Approx Age 84 Builder Name Unknown Certified Tax Year 2024 Construction Pre-Owned Green Features Drought Tolerant Plants Hoa Mandatory None Miscellaneous None/not applicable Neighborhood Amenities None Possession Closing/Funding Proposed Terms ConventionalFHAVATX VetCashInvestors OK Recent Rehab Yes Senior Community No Source Sq Ft Appsl Dist Subdivision Legal Name OUT/GILLESPIE COUNTY Taxed By Multiple Counties No Total Tax 4448.29 Water Sewer City

Listing information © Copyright 2025 San Antonio Board of REALTORS®, All Rights Reserved.
Listing provided courtesy of Kendra Sanchez of Engel & Volkers San Antonio: kendra_sanchez@yahoo.com, (210) 490-3939.


© 2025 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or River City Team | Keller Williams Heritage. Last updated 2025-05-23T07:32:44.297.
 
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